This work contains James K. Galbraith's most influential recent writings on current affairs along with new commentary, and explores both the descent to disaster in Iraq and the ongoing transformation of the American economy under the steerage of Alan Greenspan.

This dissertation, titled “Flexibility in European Wage Structure and itsimplications for the European Unemployment,” studies the problem of high rates ofunemployment in Europe during the last few decades through the optic of European wagebehavior. It examines the European wage structure –...